Franklin Electric FY26 Q2 GAAP EPS rises 11% to 1.46; net sales increase 6% to $622.9 million
FELE•Full-year guidance raised
Full-year 2026 guidance was raised to net sales of $2.21 billion to $2.29 billion, with adjusted diluted EPS (non-GAAP) of $4.50 to $4.70.
Fiscal Q2 results rise on higher sales and margins
Franklin Electric posted fiscal Q2 2026 GAAP diluted EPS of 1.46, up 11%, as net sales rose 6% to $622.9 million.
Operating income climbed 6% to $93.6 million, lifting operating margin to 15.0%.
Adjusted diluted EPS (non-GAAP) increased 18% to $1.55; Energy Systems results included a $4.5 million legal settlement expense.
Segment sales increase across all three businesses
Net sales rose across:
- Water Systems: up 5% to $358.5 million
- Distribution: up 11% to $221.1 million
- Energy Systems: up 3% to $80.2 million
